Most Volatile: BlackBerry Ltd (NASDAQ:BBRY), Zynga Inc (NASDAQ:ZNGA), MannKind Corporation (NASDAQ:MNKD), 58.com (NYSE:WUBA)

The shares of BlackBerry Ltd (NASDAQ:BBRY) plummeted more than 7% to $8.41 per share after reporting that its revenue for its fiscal 2014 fourth quarter declined 64% to $976 million compared with its $2.7 billion revenue in the same period in 2013. BlackBerry Ltd (NASDAQ:BBRY) shares after opening at $9.20 moved to $9.64 on last trade day and at the end of the day closed at $8.41. Company price to sales ratio in past twelve months was calculated as 0.35 and price to cash ratio as 1.61. BlackBerry Ltd (NASDAQ:BBRY) showed a negative weekly performance of -8.39%.

Zynga Inc (NASDAQ:ZNGA) declined despite billionaire Steven Cohen’s investment firm SAC Capital raising its stake in the video game publisher to 5.3% from 2.2%. Zynga Inc (NASDAQ:ZNGA) shares fell -1.12% in last trading session and ended the day on $4.42. ZNGA return on equity ratio is recorded as -2.00% and its return on assets is -1.60%. Zynga Inc (NASDAQ:ZNGA) yearly performance is 31.55%.

Shares of MannKind Corporation (NASDAQ:MNKD) fell 7 percent on Friday after the FDA staff raised safety questions about the company’s inhalable insulin device, which could limit its use for certain patients. MannKind Corporation (NASDAQ:MNKD) shares moved down -7.12% in last trading session and was closed at $4.83 while trading in range of $4.75 -$5.75 – MannKind Corporation (NASDAQ:MNKD) year to date (YTD) performance is -7.12%.

58.com Inc. (ADR) (NYSE:WUBA) announced that the previously announced registered follow-on public offering of American depositary shares (“ADSs”) by the Company and certain selling shareholders was priced at US$38.00 per ADS. 58.com Inc (ADR) (NYSE:WUBA) weekly performance is -12.84%. On last trading day company shares ended up $40.33. 58.com Inc (ADR) (NYSE:WUBA) distance from 50-day simple moving average (SMA50) is -5.30%. Analysts mean target price for the company is $49.90.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *